Americans Brace for Inflation as Trump’s Tariffs Start to Take Effect

More Americans are starting to brace for higher prices as President Trump’s policies begin to take effect.

Topics

No ‘golden age’ is coming. Trump’s tariffs will hit Americans with higher interest rates and more inflation.

Protectionism won’t make us rich — especially if tariffs launch a trade war.
MarketWatch - 6h
Hasbro says it's taking steps to offset China tariff effects

Toy and gaming giant Hasbro is shifting manufacturing away from China as it eyes the effects of U.S. tariffs.
CNBC - 5d
Consumer confidence dips in Trump's first month as tariff threats drive inflation fears

Consumers’ attitude toward the economy dipped during President Trump’s first month in office, according to the University of Michigan’s monthly consumer survey released Friday. Consumer sentiment ...
The Hill - 4d
Consumer confidence sinks to 8-month low on worries about inflation and Trump tariffs

A postelection high in consumer confidence after the election of Donald Trump has petered out, as the public digests major upheavals in U.S. economic policies by the new White House.
MarketWatch - 6h
With tariffs ramping up, this investment option can provide protection against inflation

The threat of tariffs on imports is causing some investors to consider increasing their exposure to TIPS to help buffer their portfolios against inflation.
CNBC - 4d
Postal Service braces for potential takeover by Trump's Commerce Department

President Donald Trump said Friday that his new commerce secretary, Howard Lutnick, “will be looking” at the U.S. Postal Service.
NBC News - 3d
A Trump DOGE Dividend Could Raise Inflation

President Trump floated giving taxpayers a piece of any savings that Elon Musk’s cost-cutting generates, which could reignite inflation.
The New York Times - 5d
Most say health care costs, inflation biggest issue facing Americans: Pew

A new survey from Pew Research Center has found that most Americans think inflation, health care cost, and the federal budget deficit are major issues confronting the nation. Of those polled, 45 ...
The Hill - 4d
Trump tariff threats rattle consumers

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Consumer confidence dips in Trump’s first month A new survey found that ...
The Hill - 4d
‘Make Germany Great Again’: How the Trump effect is spreading into Germany

Bolstered by support from Elon Musk and Vice President JD Vance, the AfD party is seeing a surge in support from Germany’s far-right. Amid a widening political divide in the country, support for ...
NBC News - 4d
Fed Flags Rising Inflation Risks and Rising Uncertainty About Trump’s Policies

Rates cuts are still on the menu, but like many businesses, Fed officials are having a tough time judging the impact of Trump’s tariff and immigration plans.
Inc. - 5d
Just 1 in 3 approve of job Trump doing on inflation: Survey

Just 1 in 3 people approve of the job President Trump is doing to curb inflation, a survey released Sunday found. Thirty-two percent of respondents in the poll, released Sunday by Reuters and ...
The Hill - 1d
Trump’s Tariffs Are Causing Some Startups to Scrap Their IPOs

This was expected to be a big year for IPOs, but now some companies are rethinking plans to go public.
Inc. - 3d
Trump says tariffs on Canada and Mexico are 'on time, on schedule'

During a White House press conference, President Trump told reporters that his administration would move forward with planned tariffs on Canada and Mexico.
NBC News - 1d
Trump says tariffs on Canada and Mexico 'will go forward'

President Donald Trump said sweeping tariffs on Canada and Mexico "will go forward" when a monthlong delay on their implementation expires next week.
CNBC - 1d
Trump Refocuses on Tariffs and Trade Deals With Russia and Ukraine

The president has sent the message that he’s committed to tariffs, and that he sees room for deals with Ukraine and Russia.
The New York Times - 10h
Trump directs investigation preceding potential copper tariffs

President Trump on Tuesday directed his Commerce secretary to investigate the need for possible tariffs on copper, the latest industry to potentially be targeted by Trump’s sweeping trade agenda. ...
The Hill - 1h
Trump Announces Inquiry That Could Lead to Tariffs on Copper

Tariffs, if they are imposed, could boost U.S. production of a valuable resource but also raise costs for automakers, construction companies and others.
The New York Times - 50m
An alternative take on Trump’s favourite word

Seen from a different angle, would the US president still choose tariffs?
Financial Times - 4d
Democrats won’t fight Trump’s tariff policies. On trade, Trump is a Democrat.

President Donald Trump's recent trade policy has been met with surprising support from congressional Democrats, despite his protectionist policies being more aligned with progressive Democrats than ...
The Hill - 2d
From weather apps to taxes: the trickle-down effects of Trump’s federal worker firings

Gutting of workforce will have far-reaching consequences as advocates warn of playing ‘Russian roulette’ with safety. You wake up to dark clouds outside, so you check the weather on your phone: a ...
The Guardian - 5d
Trump, Macron take questions on Ukraine-Russia war

President Trump and French President Emmanuel Macron met at the Oval Office and took questions about the future of Ukraine and the possibility of a deal with Russia. Mr. Trump also took questions ...
CBS News - 1d
Why President Trump is pursuing a 'sledgehammer' approach with tariffs and global trade deals

President Donald Trump's aggressive tariff plans covering many key economic allies and trading partners of the U.S. has support by the numbers.
CNBC - 5d
Trump is using tariffs as a blunt-force tool. It won’t work | Mike Williams

The steel industry needs to modernize. Tariffs can help, but the government must go beyond trade policy. Last week, Donald Trump revived a trade war from his first term, implementing a 25% tariff ...
The Guardian - 4d
It’s Trump’s economy now — and businesses are anxious about tariffs and Washington upheaval

A burst of optimism among companies after Donald Trump won the U.S. presidential election has faded as business leaders grapple with potentially negative policies of the new White House.
MarketWatch - 4d
Even ‘Real Housewives’ Star Erin Lichy Is Preparing for Trump’s Tariffs

The serial entrepreneur talks the growth of her mezcal brand Mezcalum and why she’s never bootstrapping a business again.
Inc. - 4d
How Trump’s Tariffs Could Reorder Asia Trade and Exclude the U.S.

Asian countries are among the most vulnerable to President Trump’s economic grievances. But they are also best placed to make deals to minimize their exposure.
The New York Times - 4d
U.S. Consumers Are Increasingly Worried About Trump’s Tariff Plans

The Consumer Sentiment Index hit its lowest reading since November 2023.
Inc. - 4d
The EU has real leverage to counter Trump’s tariff threats

The EU is not a superpower in the traditional sense, but it continues to have significant power in the area of foreign trade.
The Hill - 4d
Trump considers tariffs to counter digital services taxes on Big Tech

President orders probes into levies imposed by EU, UK and Turkey on US companies
Financial Times - 3d
US traders snap up aluminium ahead of Trump tariffs

Imports hit highest level since mid-2022 as premium over London price surges
Financial Times - 3d
Apple Plans to Invest $500 Billion in U.S. as Trump Tariffs Loom

The company pledged the multibillion-dollar investment over the next four years and said it would create 20,000 jobs. The Texas facility is set to open in 2026.
The New York Times - 1d
Here's why Trump tariffs may raise your car insurance premiums

The Trump administration’s tariff policies may raise auto insurance premiums for motorists, according to a new Insurify analysis.
NBC News - 1d
Here's why Trump tariffs may raise your car insurance premiums

If they take effect, tariffs are expected to raise costs for auto insurers to repair or replace cars, meaning motorists pay higher premiums.
CNBC - 23h
This is why Trump’s tariff plan has upended the car industry, and it’s not over yet

“No one is breathing easy”: Trump may have paused his plan to slap 25% tariffs on products coming from Canada and Mexico, but the U.S. auto sector is still reeling.
MarketWatch - 11h
Here are all the Trump tariffs hitting the economy in the coming weeks

The president’s announcement led to fears that he won’t just be using the threat of new tariffs as a negotiating tool, but as lasting policy.
MarketWatch - 6h
How Trump's tariffs on Mexico and Canada will sweep across the U.S., state by state

From Maine to Montana to New Mexico, states across the U.S. will face significant economic issues from President Donald Trump's trade war on Mexico and Canada.
CNBC - 1h
NOAA braces for steep job cuts

{beacon} Energy & Environment Energy & Environment The Big Story NOAA set to slash jobs ‘imminently’ Mass firings are set to hit the National Oceanic and Atmospheric Administration (NOAA) ...
The Hill - 4d
Trump says he's weighing giving 20% of DOGE savings to Americans

President Donald Trump revealed Wednesday that he's considering sending 20% of the money saved by the Department of Government Efficiency to Americans.
CNBC - 5d